Answer
People in exposed public positions (e.g., politicians, judges, local government officials, and their families) are PEPs (Politically Exposed Persons). Due to their functions and the decisions they make, they are exposed to risks, such as manipulation or attempts to pay bribes. Therefore, regulatory rules dictate that every financial institution must make sure whether its clients are PEPs or not.
If you have received such a question from us, and you are not a PEP or do not have a PEP in your closest family, it is most likely that your name is very similar to someone who holds such a position and we must check this. Politically Exposed Persons and their families can also apply for a ZEN account.
See also: What are the legal grounds for conducting the verifications?